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New York Online Sports Betting Goes Live

David Caraviello for Bookies.com

David Caraviello  | 14 mins

New York Online Sports Betting Goes Live

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Start spreading the news: Online sports betting in New York is live.

Four operators given the green light by the New York State Gaming Commission launched mobile operations at 9 a.m. ET on Saturday, Jan. 8. Caesars Sportsbook New York, FanDuel New York, DraftKings New York and Rush Street Interactive’s BetRivers brand were the first platforms to satisfy all statutory and regulatory requirements necessary to accept and process mobile sports wagers in the Empire State.

Although the gaming commission in November awarded nine licenses to entities that would offer online sportsbooks and sports betting apps in New York, five have not yet satisfied all requirements necessary for launch. Resorts World, PointsBet, WynnBET, Bally Bet and BetMGM New York will be approved on a rolling basis when requirements are met, according to the commission.

Just in time for the NFL playoffs

Regardless, it’s a landmark moment for a state that legalized retail sports betting in April of 2021. In November, the state settled on a framework for mobile gaming that included 10-year licenses for operators and a tax rate of 51 percent on revenue - well above the median U.S. sports betting tax rate of 11 percent, according to Forbes, and tying New Hampshire for highest in the nation.

The mobile launch in New York is also the state’s first attempt to stem the flood of bettors who cross the border into neighboring New Jersey, where mobile betting has been legal since 2018 and brings in billions of dollars a year in handle. Mobile betting in the Empire State also launches just in time for NFL betting for Week 18, the playoffs and Super Bowl 56, which is one of the most heavily-bet sporting events in the U.S.

New York becomes the 15th state with mobile sports wagering, which has proven immensely popular among bettors. In those states where the practice is legal, sportsbooks typically take 90% of wagers or more through mobile or online platforms.

New York Launch day Promo Codes available

The four operators involved in the New York launch all have existing ties to the state and will all offer huge New York Sports Betting Promo Codes. DraftKings is a partner with del Lao Resort and Casino in Waterloo, while Caesars has an established relationship with tribal casinos. FanDuel New York is a partner of Madison Square Garden, making it an official sponsor of the New York Knicks, and the company also has a retail location at Tioga Downs Casino in Nichols. Rush Street Interactive has a presence in New York through its partnership with Rivers Casino and Resort in Schenectady.

The operators are also making launch day offers available to bettors in New York. Here's a look at what's available:

Caesars Sportsbook New York Launch "BOOKIESNEW"

Caesars Sportsbook is offering New York bettors $300 upon sign up, plus a deposit match worth up to $3,000. You must use the promo code BOOKIESNEW. You can also qualify to get a free NBA jersey through Caesars by making $100 worth of NBA bets before Jan. 19.


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DraftKings Sportsbook New York Launch

DraftKings is offering a number of offers. As a new user, you can get a deposit match bonus worth up to $1,000 or take advantage of their Bet $5 On NFL, NBA or College Football To Win $200 offer. The $1,000 deposit match is worth 20% of your deposit, so to earn the full $1,000 bonus you must deposit $5,000.

DraftKings is also running a number of New York specific offers. The first on Saturday allows you to double your money if either team scores a point in the Knicks vs Celtics matchup. The second on Sunday allows you to double your money if a TD is scored in the Bills vs Jets game. The maximum wager for both offers is $25.


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FanDuel Sportsbook New York Launch

New users in New York can get FanDuel's $1,000 risk-free bet offer. FanDuel is also offering 30/1 (+3000) moneyline odds on the CFP National Championship between Alabama and Georgia. Just sign up, deposit and bet $5 on either Alabama or Georgia to win the matchup. If you pick correct, you'll win $150 in cash. You cannot combine the risk-free bet offer and the 30/1 CFP offer, you must select one.


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About the Author

David Caraviello for Bookies.com
David Caraviello
Veteran sports journalist David Caraviello has covered college football, college basketball, motorsports and golf, covering all three US golf majors, the Daytona 500 and SEC football.
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